You're being paid 22.1% to absorb price risk. Only ~22.1% of it is real fees — and they stop covering impermanent loss if ETH-SHX diverges more than ±336%.
Real fee/staking yield: 22.1% · token emissions: 0% of the headline.
Break-even fact: a ±336% move in ETH-SHX erases a full year of the fees you actually keep (~22.1%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.
Source: DefiLlama. Verdict is a heuristic over public data, not financial advice.